406 408 E Avenue Q7

Palmdale, CA 93550

About this property

Rare opportunity to own a fully occupied income-producing duplex generating **$2,850/month ($34,200 annually)** in gross rental income. Offered at **$440,000**, this property features an attractive **GRM of 12.87** and an approximate **5.9% cap rate**. Each spacious 2-bedroom, 1-bath unit is tenant occupied, with tenants paying all utilities except water and trash. **The neighboring duplex at 410-412 E Ave Q-7 is also available for purchase**, creating an excellent opportunity to acquire two side-by-side investment properties. Conveniently located near shopping, schools, and commuter routes with strong rental demand. **Please do not disturb tenants. Drive-by only. Interior inspections available with an accepted offer.

About this property

Rare opportunity to own a fully occupied income-producing duplex generating **$2,850/month ($34,200 annually)** in gross rental income. Offered at **$440,000**, this property features an attractive **GRM of 12.87** and an approximate **5.9% cap rate**. Each spacious 2-bedroom, 1-bath unit is tenant occupied, with tenants paying all utilities except water and trash. **The neighboring duplex at 410-412 E Ave Q-7 is also available for purchase**, creating an excellent opportunity to acquire two side-by-side investment properties. Conveniently located near shopping, schools, and commuter routes with strong rental demand. **Please do not disturb tenants. Drive-by only. Interior inspections available with an accepted offer.

Features and Additional Information

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$440,000 Active
0 Bed(s)
0
Baths
1,360 sqft

Presented By Desert Lifestyle Properties

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Brokerage
Ethos International Real Estate
1-949-572-7743
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Area Information

PLM Palmdale | Los Angeles County |

$ 440,000
This listing is play_arrow 2.0% lower than the average in the area
$ 449,000 in the area
1,360 SqFt
This listing is play_arrow 19.9% larger than the average in the area
1,134 SqFt in the area
$ 324 $/SqFt
This listing is play_arrow 18.3% less than the average in the area
$ 396 $/SqFt in the area
56 days on site
This listing is play_arrow 115.4% above the average in the area
26 days on site in the area

Schools in the Area

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Listed By Martin Hernandez
Brokerage: Ethos International Real Estate

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